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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: valueminded who wrote (962)2/16/1998 8:04:00 PM
From: Mr. Pink  Read Replies (2) of 18998
 
Shorts require patience and a strong stomach. Never bite off more than you can chew in the shot arena. (for example, Mr. pink shorted ACRT at 22 and watched it rise to 27 where he shorted more before He could enjoy the recent rout) CCSI may require the same patience.

By the way shorting is just one part of a portfolio. It probably should not exceed 10--20%. You will make your real money finding stocks that rise. Plus it is not every day that the sun, moon and stars all line up for the perfect short opportunity such as ACRT.

Best Wishes, Mr. Pedicini

From, Mr. Pink
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